Alnylam Pharma (ALNY) Misses Q1 EPS by 16c

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Jefferies Cuts Price Target on Alnylam Pharma (ALNY) Following 1Q

May 3, 2016 9:40 AM EDT

Jefferies maintained a Buy rating on Alnylam Pharmaceuticals (NASDAQ: ALNY), and cut the price target to $119.00 (from $122.00), following the company's 1Q earnings report. ALNY reported 1Q16 revenues of $7.3M, ahead of consensus estimates of 7.8M. The company ended the quarter with... More

Leerink Cuts Alnylam (ALNY) PT to $107

May 3, 2016 8:14 AM EDT

Leerink Partners analyst, Michael Schmidt, recapped the Alnylam Pharmaceuticals (NASDAQ: ALNY) pipeline update from 1Q results and cut his price target but maintained his Outperform rating. The PT drops to $107 from $120 but still offers 55% upside.

Pipeline updates: (1) Enrollment of the Revusiran Ph III trial in... More